Djed

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Story of My Stablecoin Journey and Why I'm Not Touching any Stablecoins For Now

15 Mar 2023 6 minute read 4 comments Pizzadren

Today, I’m going to start my article with a story that a lot of you are familiar with. I remember back in 2020, when I had zero knowledge in cryptocurrencies and we went into a serious market crash due to the COVID-19 shutdown, I jumped into...

How Djed Works: Cardano's Algorithmic Stable (Ada And Shen)

23 Feb 2023 3 minute read 4 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ

I'm not a fan of Cardano, however I tried to study the functioning of its algorithmic stable Djed.Even if little used, there are 3 stablecoin on Cardano, 2 of which are active. Ausd is an overcollateralized algorithmic stablecoin, Usda is collaterali...

What is Cardano's Stablecoin, Djed?

23 Nov 2022 2 minute read 3 comments Tikur

In September of 2021, on the Cardano's two day summit, founder Charles Hoskinson announced that Cardano will be launching its own stablecoin called Djed. He further stated that Cardano will design the stablecoin and COTI will be the one to issue it....

DJED stablecoin on the Cardano network. Soon in Q1 2022!

20 Dec 2021 1 minute read 0 comments un2000

$DJED The Djed stablecoin will soon be released on Cardano, and it must promote the growth of its underlying ecosystem, particularly now that blockchain smart contracts are being implemented. The market's expectation is growing as the possibility of...

(JaiChai) "Cardano and COTI, I understand it, BUT...."

18 Oct 2021 1 minute read 2 comments JaiChai

  (image by coinquora)   Full Disclosure: I have always been a fan of Charles H. and the Cardano project. I still have some pretty full, ancient ADA bags. However, I must confess that although I understand the COTI and Cardano connection, I am s...